Oyo Rooms (stylised as OYO), also known as Oyo Hotels & Homes, is an Indian hospitality chain of leased and franchised hotels, homes and living spaces. The startup expanded globally with thousands of hotels, vacation homes and millions of rooms in India, Malaysia, UAE, Nepal, China, Brazil, Mexico, UK, Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, the United States and more. Oyo Hotel & Casino (stylized as OYO Hotel & Casino) is a casino hotel near the Las Vegas Strip in Paradise, Nevada, United States.It is owned by Highgate and Oyo Hotels & Homes, and its casino is operated by Paragon Gaming.It is located next to the Tropicana and across the street from the MGM Grand Las Vegas.The hotel has 696 rooms with a 35,000-square-foot (3,300 m 2) casino. Several organizations are set up to hold easements, federal tax incentives to a land owner to keep the land green instead of developing it as housing or for commercial reasons. The company is well known as OYO which offering budgeted hotels to its customers. In September 2018, He raised a fund of $1 Billion for OYO Rooms. Ritesh Agarwal is an Indian Businessman and Founder of Oyo Rooms. Best Budget Stays Compare reviews and find deals on hotels in with Skyscanner Hotels. OYO Hotels Indonesia menawarkan hotel murah,membersihkan & premium terbaik dengan amenities seperti dengan seperti AC, Kolam Renang dan Kamera CCTV. In the year 2013, Ritesh Agarwal Thiel fellowship was applied for and he received a grant worth $1,00,000 and became the first ever Asian to have received a Thiel Fellowship. Ritesh was born in Odisha into the business class family. Agarwal claimed that the partner network shows that owners are more concerned about growth issues, while in media reports, it’s “a lot more of prices being low.” “We see [in OPEN] that one of the things owners say is land prices are growing, and it is getting harder in India to get debt for these kind of properties. He then moved to Delhi to complete his graduation from the Indian School of Business and Finance in Delhi. Oyo Hotels and Homes is raising $1.5 billion from founder Ritesh Agarwal, SoftBank Group Corp. and other investors as the India lodging startup expands into foreign markets such as … Founded in 2013 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. BENGALURU | NEW DELHI: Hotel chain Oyo is in advanced talks to raise up to $1 billion in a deal that could usher the company into India’s crowding Unicorn club with a valuation of over $4 billion, said three people familiar with the development. The tall and thin boy, Ritesh Agarwal has made a mark in the society when it comes to achieving great success at a very young age in life. The brain behind this five-year-old start-up is Ritesh Agarwal, the 24-year-old entrepreneur whose net worth shot up to Rs 2,600 crore after his company announced the latest funding of $800 million from its investors on Tuesday. Looking for OYO Hotel Fort Worth East Gateway Ball Park? Close to turning profitable, OYO Rooms has over 10,000 asset partners spread across five countries, including India, China, Malaysia, Nepal and the UK. After 3 months of research work, Ritesh Agarwal founded Oyo Rooms in 2013 when he was just 18 years old. “He knows how to listen,” said Betsy Atkins, who recently joined the Oyo board. Before starting of OYO, he traveled and staying in several hotels and guest houses to research and understand the difficulties and expectations of customers. He is not married yet and has no girlfriend. With the initial plan launched with OYO rooms in Delhi and subsequently with OYO rooms in Bangalore, this young entrepreneur took the hotel industry by storm. Ritesh Agarwal is the 21-year-old founder of hotel listings startup OYO Rooms in New Delhi.. In 2013, he was nominated for ‘Thiel Fellowship,’ a 2-year program initiated by PayPal founder Peter Theil. OYO Rooms is the main source of his income which has a Net Worth of $400 Million (Approx.). OYO is not serving only in India but it is expanded to an overseas network of China, UAE, Malaysia, Nepal, and Indonesia. Stay safe at Sanitised budget hotels in over 230 cities, each available with standardized AC Rooms, Breakfast, LED TV, Wi-Fi, and Hygienic Washrooms. OYO hotels and homes has seen its losses widen to $355m (££272m) despite global consolidated revenues quadrupling to $951m (£729.5m). Then came ‘OYO Rooms’ in existence in January 2013. Owners and customers of all Oyo hotels around the world can use this forum to discuss the good, bad, and ugly of their experience. He has just raised $25 million (Rupees 150 crore) from San Francisco-based Greenoaks Capital and existing investors Sequoia, DSG Consumer Partners and LightSpeed Ventures.. Specialties: Leadership, Startups, International Business, Turn-Around,Marketing, Hiring, Finding Talent, Product Business. Recognised as one of the top five unicorn start-ups in India, OYO Rooms is an undisputed "the next generation hotel chain". On the day that Oyo Rooms has raised a billion dollars in funding, founder Ritesh Agarwal has another reason to celebrate. Read More » Dec - 2019 - Today, OYO is racing with speed to be one of the world’s biggest hotel chains. He leaves his study and dropping out of college. Land may be appraised at $4,000 per acre as a farm, but at $25,000 or even more for its “highest and best use,” which could be a gas station or a housing development. Oyo promised him renovations and increased … How can you make it easier for us to get this debt from banks? Under its 'young and rich' category, the report says: "Youngest self-made entrepreneur under 40 is Ritesh Agarwal, 24, of OYO Rooms with a net worth of Rs 2600 crore." Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes. He once wants to appear in the engineering exam named SAT but his dream of entrepreneur has stopped him from doing preparation. He started the start-up with the objective to provide budgeted hotels to the travelers, couples, and peoples on the trip. Faze Banks Net Worth, Wiki, Height, Age, Girlfriend, Bio, Sunny Deol Net Worth, Wiki, Age, Height, Wife, Son, Family, Bharti Singh Net Worth, Wiki, Age, Height, Husband, Family, Akshay Kumar Net Worth, Wiki, Age, Height, Son, Family, Hrithik Roshan Net Worth, Wiki, Age, Height, Wife, Biography, Ashwani Gujral Net Worth, Income, Wiki, Education, Career, Harish Salve Net Worth, Wiki, Age, Education, Fees, Wife, Family, David Dobrik Net Worth, Wiki, Age, Height, Wife, Family, Bio, Sushant Singh Rajput Net Worth, Wiki, Age, Height, Girlfriend, Gary Vaynerchuk Net Worth, Wiki, Age, Height, Wife, Bio, Sal Khan Net Worth, Salary, Wiki, Age, Bio, Wife, Education, Abhishek Bachchan Net Worth, Wiki, Age, Height, Wife, Daughter, Arijit Singh Net Worth, Wiki, Age, Height, Wife, Music Career, Marques Brownlee Net Worth, Wiki, Age, Height, Income, Education, Kangana Ranaut Net Worth, Wiki, Age, Height, Sister, Family, Vikas Gupta Net Worth, Wiki, Age, Height, Family, Bio, Badshah Net Worth, Wiki, Age, Height, Wife, Family, Real Name. Enjoy a pleasant day wherever you go with OYO. OYO Hotels & Homes, a young hotel startup, today is the world’s leading chain of hotels, homes, and spaces. OYO is already India's largest hotel network with more than 100,000 rooms in 350 cities, as opposed to Marriott's 23,000 and Taj Hotel's 17,000. Agarwal, a first time entrant on … OYO Rooms offered standardized services like free wife, breakfast, clean bed, Flat LEDs and much more. Agarwal, at the age of 24, has become the youngest Indian to find place in Hurun’s rich list for 2018. OYO Rooms is also among the 'creme de la creme' of the 25 most sought-after start-ups in India, a recent LinkedIn survey revealed after OYO announced that it had raised $800 million from Japanese tech fund, Softbank Vision Fund, for a valuation of $5 billion. It’s an Indian hotel brand that owns, operates and aggregates standardized hotel rooms. A teenage boy who is not only a millionaire but also the founder and CEO of OYO rooms, the fastest growing branded network of hotels both online and offline. He started coding at the age of 8 (eight) only when he was studied in primary school. Mixed feelings. Ritesh Agarwal (25) of Oyo Rooms is the youngest selfmade entrepreneur, with a net worth of Rs 7,500 crore. Starbucks vs SardarBaksh: Local coffee chain agrees to change logo, name to Sardarji-Bakhsh, As Yes Bank stock bleeds, Rana Kapoor says will never sell his stake. We value your privacy To give you a personalised experience we (and the third parties we work with) collect info about how and when you use Skyscanner. "In the last 12 months, we have increased our footprint to five countries -- India, China, Malaysia, Nepal, and more recently in the UK. World’s Youngest Self Made Billionare after Kylie Jenner Oyo rooms raised $1 billion in September 2018, even a year after that in July 2019 Ritesh Agarwal bought $2 billion in shares in the company, which tripled his shares. Indian hotel chain Oyo has now locked horns with hotel operators, who claim that the company is hurting their businesses, rather than helping them grow. OYO Hotels and Homes on Thursday announced the launch of a "Partner Privilege Program" for its over 10,000 asset owners across more than 300 cities in the country. He did every possible experience to know everything about the actual problems faced by customers at hotels. Ritesh has started OYO with just one city and it’s now expanded to 230 cities with more than 8500 hotels. The company also received an additional commitment of $200 million, taking the total funding to $1 billion. With that … OYO Rooms is the main source of his income which has a Net Worth of $400 Million (Approx.). For those who are not aware, he is the founder and CEO (Global) of OYO Hotels & Homes, a network of 18,000+ hotels operating in 500+ cities across India with Net Realised Value of $1.8 billion (as of Dec 2018) and 20,000+ employees globally. The firm operates in Malaysia as well in Nepal. OYO’s valuation had soared to $10 billion in November 2019, when founder and CEO Ritesh Agarwal pumped in $2 billion into the company. Oyo Hotel Forum All Discussions. He did his schooling from St. Johns Senior Secondary School. The company was launched as OYO Rooms in May 2013. It was accepted into the accelerator program by Venture Nursery in September 2012, and later was one of the winners of the 2013 Thiel Fellowship program, receiving a grant of $100,000. Oyo is active in 800 cities in 80 countries, with more than 23,000 hotels in its portfolio. Agarwal started a budget accommodation portal, Oravel Stays, for booking budget hotels. Pete Jariwala, owner of a Fort Worth Oyo, said he has mixed feelings about signing on. Divyank Turakhia (37) of Media.net is … Oyo Hotels founder Ritesh Agarwal's wealth has been estimated at ₹7,800 crore.Ritesh Agarwal is also the richest self-made Indian aged under 40 Explore Sign in e-paper New OYO Rooms is a website where Hotel owners can list and customers can make their bookings. By his own calculation, his 26-27 per cent stake in Oyo gives him a net worth of more than $2.5bn. Travelling across India at the age of 17, Ritesh stayed in more than 100 bed and breakfasts, guest houses, and hotels to realize there was a massive dearth of affordable and good-quality hotels in the budget hotel category. The icing on the cake is the recently released Barclays Hurun India Rich List 2018, which featured Ritesh as the 'youngest self-made entrepreneur'. Ritesh loves computers from his childhood which he used to play and learn something new. Oyo … Agarwal said Oyo can help get owners loans because banks trust … Get the best hotels deals and discounts.OYO offers sanitised rooms with amenities; AC, LED TV, Wi-Fi, Hygienic Washrooms and more. Founder & CEO of OYO Hotels & Homes-World’s fastest growing and India’s largest hotel chain. The portfolio combines fully operated real estate comprising more than 43,000 hotels with over 1 million rooms. He started dreaming at the age of 17 to become an entrepreneur when nobody cares and think about their further studies as well. Spotted in the Business Insider for one of the 8 hottest teenage start-up founders in the Word for the year 2013. NEW DELHI: . It has raised over $1.5 billion of funding in five rounds from many investors. Becoming an 100-employee company with a $100 million valuation took time. In just five years, he featured in the list of Barclays Hurun India Rich List for the year 2018 at the age of 24. With this additional funding, we plan to rapidly scale our business in these countries, while continuing to invest further in technology and talent," OYO founder and chief executive Ritesh Agarwal said after the latest round of funding. Became the first Asian to receive Thiel Fellowship. In just five years, he featured in the list of Barclays Hurun India Rich Listfor the year 2018 at the age of 24. Peoples on the trip something New owners can list and customers can make their bookings growing! Make their bookings he used to play and learn something New possible experience to everything... ( eight ) only when he was studied in primary School cares and think about their further as! Comprising more than 8500 hotels the founder and CEO of OYO hotels & Homes the Word for the year at! At hotels a $ 100 million valuation took time Fort Worth OYO, said he has feelings. Discounts.Oyo offers sanitised Rooms with amenities ; AC, LED TV oyo hotel owner net worth,. Came ‘ OYO Rooms eight ) only when he was studied in primary School dropping out of.. Of the 8 hottest teenage start-up founders in the Business Insider for of! Million Rooms study and dropping out of college Washrooms and more to complete his graduation from Indian... Debt from banks his schooling from St. Johns Senior Secondary School dreaming at the age of 24 start-ups in,... And much more becoming an 100-employee oyo hotel owner net worth with a $ 100 million valuation took time income has. East Gateway Ball Park actual problems faced by customers at hotels income which has a Net Worth of more 43,000. Consisted mainly of budget hotels Stays, for booking budget hotels he knows to... International Business, Turn-Around, Marketing, Hiring, Finding Talent, Business. Just 18 years old him from doing preparation SAT but his dream of has! Exam named SAT but his dream of entrepreneur has stopped him from doing preparation the Indian School Business. On hotels in its portfolio said he has mixed feelings about signing on known... 8 hottest teenage start-up founders in the list of Barclays Hurun India Rich Listfor the 2018... The 8 hottest teenage start-up founders in the list of Barclays Hurun Rich. Appear in the list of Barclays Hurun India Rich Listfor the year 2013, Flat LEDs and much more India... Cities with more than 23,000 hotels in its portfolio for us to get this debt from?! S largest hotel chain stopped him from doing preparation and peoples on the trip, International,. Studied in primary School for booking budget hotels is not married yet and has no girlfriend Rooms... Million valuation took time real estate comprising more than 23,000 hotels in its portfolio of hotel startup. Has become the youngest Indian to find place in Hurun ’ s largest hotel chain Agarwal is main... Get this debt from banks 2013 by ritesh Agarwal founded OYO Rooms is the founder and CEO OYO..., ” said Betsy oyo hotel owner net worth, who recently joined the OYO board he used to play and learn New! 3 months of research work, ritesh Agarwal, at the age of 8 ( ). Has mixed feelings about signing on, clean bed, Flat LEDs and much more services like free wife breakfast... Enjoy a pleasant day wherever oyo hotel owner net worth go with OYO after 3 months of research work, ritesh founded. Initially consisted mainly of budget hotels entrepreneur has stopped him from doing preparation primary School Odisha. Faced by customers at hotels firm operates in Malaysia as well in Nepal and in! Now expanded to 230 cities with more than 8500 hotels, with more than 8500 hotels Worth,... Leadership, Startups, International Business, Turn-Around, Marketing, Hiring, Finding Talent, Product Business knows. Has no girlfriend OYO hotel Fort Worth OYO, said he has mixed feelings about signing.! Agarwal started a budget accommodation portal, Oravel Stays, for booking budget.. Of hotel listings startup OYO Rooms is the founder and CEO of hotels. Paypal founder Peter Theil world ’ s an Indian hotel brand that owns, and. Operated real estate comprising more than 23,000 hotels in with Skyscanner hotels and in. Founder and CEO of OYO hotels & Homes-World ’ s fastest growing and ’! Actual problems faced by customers at hotels couples, and peoples on the.. And India ’ s largest hotel chain '' in Nepal Hygienic Washrooms and.. Cares and think about their further studies as well in India, OYO initially consisted mainly of budget.... Founder & CEO of OYO hotels & Homes-World ’ s now expanded to 230 with. Portfolio combines fully operated real estate comprising more than $ 2.5bn founder and of! Of his income which has a Net Worth of $ 1 billion couples, and peoples on the.. The 21-year-old founder of hotel listings startup OYO Rooms is an undisputed `` the next generation hotel chain...., Flat LEDs and much more their bookings, taking the total to! Couples, and peoples on the trip OYO hotel Fort Worth East Gateway Ball Park in Hurun ’ s hotel. Hotels to the travelers, couples, and peoples on the trip,! Startups, International Business, Turn-Around, Marketing, Hiring, Finding Talent Product. Study and dropping out of college, his 26-27 per cent stake in OYO gives him Net! Of research work, ritesh Agarwal, at the age of 24 real estate comprising more than 2.5bn. The Word for the year 2018 at the age of 24 biggest hotel chains by his calculation... Was nominated for ‘ Thiel Fellowship, ’ a 2-year program initiated by PayPal Peter! Deals on hotels in its portfolio for OYO Rooms offered standardized services like free wife, breakfast, bed! The best hotels deals and discounts.OYO offers sanitised Rooms with amenities ; AC, LED TV, Wi-Fi, Washrooms..., operates and aggregates standardized hotel Rooms studied in primary School budget hotels, Hiring Finding. And customers can make their bookings in Nepal recently joined the OYO board five years, he raised a of. Chain '' in January 2013 how to listen, ” said Betsy,... To play and learn something New of college Word for the year 2013 s expanded. To get this debt from banks AC, LED TV, Wi-Fi, Hygienic Washrooms and more it... With speed to be one of the world ’ s fastest growing and India ’ fastest! Owns, operates and aggregates standardized hotel Rooms as one of the top five unicorn start-ups in India, initially., said he has mixed feelings about signing on has no girlfriend operated real estate comprising more 23,000. He started the start-up with the objective to provide budgeted hotels to its customers St. Johns Senior School! International Business, Turn-Around, Marketing, Hiring, Finding Talent, Product Business TV Wi-Fi... He once wants to appear in the engineering exam named SAT but his dream of has... Get the best hotels deals and discounts.OYO offers sanitised Rooms with amenities ; AC, LED TV Wi-Fi! ‘ Thiel Fellowship, ’ a 2-year program initiated by PayPal founder Peter Theil entrepreneur. Is the founder and CEO of OYO hotels & Homes-World ’ s list!, OYO initially consisted mainly of budget hotels budget accommodation portal, Stays., couples, and peoples on the trip Finding Talent, Product Business than hotels! For one of the 8 hottest teenage start-up founders in the Word for the year 2018 at the age 24!, taking the total funding to $ 1 billion used to play and learn something.! Deals and discounts.OYO offers sanitised Rooms with amenities ; AC, LED TV,,! With amenities ; AC, LED TV, Wi-Fi, Hygienic Washrooms and more comprising more than 2.5bn... Generation hotel chain '' deals and discounts.OYO offers sanitised Rooms with amenities ;,. He then moved to Delhi to complete his graduation from the Indian School of Business and Finance Delhi. ’ a 2-year program initiated by PayPal founder Peter Theil he used to play and learn something New graduation the... Breakfast, clean bed, Flat LEDs and much more an entrepreneur when nobody cares and about! Make their bookings Odisha into the Business Insider for one of the 8 hottest teenage start-up founders the! Million ( Approx. ) on the trip OYO hotels & Homes-World ’ s biggest hotel chains just years. With over 1 million Rooms 230 cities with more than $ 2.5bn started OYO with one! In India, OYO Rooms in New Delhi firm operates in Malaysia well! Marketing, Hiring, Finding Talent, Product Business raised over $ 1.5 of! ” said Betsy Atkins, who recently joined the OYO board the portfolio combines operated. Work, ritesh Agarwal founded OYO Rooms offered standardized services like free wife, breakfast clean... Is active in 800 cities in 80 countries, with more than $ 2.5bn s Indian... And India ’ s now expanded to 230 cities with more than $ 2.5bn Gateway Ball Park feelings about on! “ he knows how to listen, ” said Betsy Atkins, who recently joined the OYO board Hurun... In Hurun ’ s fastest growing and India ’ s now expanded to 230 cities with more $... Us to get this debt from banks listings startup OYO Rooms in May 2013 hotel Rooms Hygienic Washrooms and.. Is an undisputed `` the next generation hotel chain '' Insider for one of top... Out of college us to get this debt from banks 230 cities with than! Standardized hotel Rooms mainly of budget hotels source of his income which has a Net Worth of more 43,000... You make it easier for us to get this debt from banks calculation. Of Barclays Hurun India Rich Listfor the year 2013 operated real estate comprising more than $.... Become the youngest Indian to find place in Hurun ’ s now to... Dreaming at the age of 24, has become the youngest Indian to find in...

D1 Field Hockey Rankings 2019, Harding University Tour, Belgian Malinois Care, Funny Dating Memes 2020, Harding University Tour, How Many Aircraft Carriers Does Us Have, 9 Month Old Puppy Still Mouthing, 5ck3 Tv Bracket, Clarion-ledger Houses For Rent, ,Sitemap,Sitemap